Brent crude rises 1.8% as Hormuz shipping pressure persists
Ongoing risks to tanker routes in the Hormuz Strait continue to support energy prices.
Update: This story updates earlier coverage: Brent crude rises 1.8% as Hormuz shipping pressure persists
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Key Points
- Hormuz shipping pressure persists as tanker routes stay exposed.
- Brent crude was at 106.2, up 1.8% on the session.
- Tanker routes remain exposed to disruption.
According to Reuters, Hormuz shipping pressure persists as tanker routes stay exposed. Brent crude was at 106.2, up 1.8% on the session.